What is the Earned Income Tax Credit ... a joint return with another person (for example, their husband or wife), you cannot claim them on your tax return for the EITC. If you don’t have ...

Understand the updated tax rates for mutual fund investments under the Finance Bill 2025. Explore the tax implications for ...

In an interview to Mint and HT, FM Nirmala Sitharaman explained the philosophy behind the new Income Tax bill, what the ...

Tax experts explain how the new income tax changes impact taxpayers across income levels, from Rs 6 lakh to Rs 1 crore, after ...

To the relief of middle-class tax payers, Finance Minister Nirmal Sitharaman announced a new tax slab during the Union Budget ...

Budget discussions highlight income tax cuts, taxpayer respect, and a focus on simplification, aiming to boost consumption ...

We decided that some people should receive extra benefits beyond mere slab rate reductions. Hence, an extra rebate was ...

With a rejig of Income Tax slabs, the expectation is that the money saved will flow back into the economy through consumption ...

Tax measures announced in Budget 2025 will have a wide-ranging impact on individual taxpayers across income brackets, as also ...

Budget 2025 has proposed higher thresholds for tax deducted at source (TDS) and tax collected at source (TCS). The new ...

As per the new tax regime, individuals earning up to Rs 12 lakh in a year will not have to pay any taxes after she raised the exemption threshold from Rs 7 lakh. An additional Rs 75,000 standard ...

In a major relief for the middle class, Finance Minister Nirmala Sitharaman announced that individuals earning up to Rs 12 ...